News

ASICS says restructuring lies ahead after sales decline

15/11/2018

Athletic shoe and apparel brand ASICS achieved revenue of $2.6 billion in the first nine months of 2018. This figure represents a decline of 4.7% compared to the same period in 2017. Operating income on this figure, $135.2 million, was down by 37.1%. In response, ASICS said it recognises the need for restructuring. Sales were down by 2.6% in its ...

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